RSI Indicator Explained – What is the RSI Indicator?

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The next article in this series on the RSI indicator will discuss how this oscillator is used in forex trading and how to read the various graphical signals that are generated.

Basic technical strategies based on crossovers explained. Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors. The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you.

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The possibility exists that you could lose more than your initial deposit. The RSI indicator is common on Metatrader4 trading software, and the calculation formula sequence involves these straightforward steps:.